­

Property Tax Assessment Increases

19 Aug

 

The Fiscal Tax Year officially begins July 1st and ends June 30th.
The next property tax installment is due 11/1/2015 (late after 12/10/15).
New tax bills are are normally mailed in October.

My own assessment has increased 9.77% for the new fiscal year.
This is after increasing 11% for the prior fiscal year and 10% the year before that.
Normally, Prop 13 caps property tax assessment increases to 2% annually.

Some informative links in regards to local property taxes :

http://www.sandiegocounty.gov/content/sdc/cob/aab.html

http://www.sdtreastax.com/content/ttc/en/press-releases.html

http://www.sdtreastax.com/content/ttc/en/tax-collection.html

http://www.sandiegoreader.com/news/2014/jul/28/ticker-property-tax-hikes-ahead-san-diego/#

http://www.sandiegouniontribune.com/news/2014/may/07/property-tax-real-estate-mortgages-housing/

http://lao.ca.gov/reports/2014/finance/property-tax/property-tax-050514.pdf